Acquisition - August 26, 2013
MedImmune buys Amplimmune
The AstraZeneca unit MedImmune acquires US biotech company for up to $500 million. Amplimmune is based in Maryland and focuses on developing novel therapeutics in cancer immunology. According to AstraZeneca, the acquisition will bolster MedImmune’s oncology pipeline by obtaining multiple early-stage assets for its immune-mediated cancer therapy (IMT-C) portfolio, including AMP-514, an anti-programmed cell death 1 (PD-1) monoclonal […]